10 cheapest US cities to buy homes

Pueblo, Colorado

June 17, 2016, 15:40 IST
Pueblo, a small city in southern Colorado about 100 miles from Denver, is known more for its green chiles than the amount of green its residents earn.

The median household income is 34% lower than the nation's and 40% below Colorado's. But the low incomes come with low living expenses, which makes Pueblo a perennial contender when we look for the cheapest places to live in the U.S.

The median home value, for example, is less than half that of the state as a whole, and the typical rent falls 23% below the national average.